News from 2024
IMF reviews Nicaragua's economy: robust growth amid challenges
By Globe Banner | Nov 22, 2024
A recent International Monetary Fund (IMF) mission to Nicaragua concluded with a statement highlighting the country's economic performance and outlook.
IMF reaches staff-level agreement on third review of Sri Lanka's fund facility
By Globe Banner | Nov 22, 2024
An International Monetary Fund (IMF) team led by Peter Breuer, Senior Mission Chief for Sri Lanka, visited Colombo from November 17 to 23, 2024.
Societe Generale sets EUR 500 billion sustainable finance target for environmental transition
By Globe Banner | Nov 22, 2024
Societe Generale has announced its intention to accelerate its efforts in supporting the environmental transition, aligning with its ESG policy.
Sun Life partners with TWCC to expand job opportunities in Winnipeg
By Globe Banner | Nov 22, 2024
A partnership between Sun Life and Tribal Wi-Chi-Way-Win Capital Corporation (TWCC) is set to create over 175 jobs in Winnipeg.
China-funded internships support least developed countries at Geneva mission
By Globe Banner | Nov 22, 2024
Participants in a China-funded internship program recently visited the Chinese Mission in Geneva.
U.S. Embassy in Lithuania adjusts visa processing operations
By Globe Banner | Nov 22, 2024
The U.S. Embassy in Lithuania is taking part in a worldwide initiative to improve the processing of immigrant visas and reduce wait times.
KfW revises Germany's GDP growth forecasts amid rising uncertainties
By Globe Banner | Nov 22, 2024
KfW Research has revised its economic growth forecasts for Germany, adjusting the expected gross domestic product (GDP) growth rate for 2025 to 0.5%, down from the previously anticipated 1.0%.
IMF reaches staff-level agreement on Suriname's economic reform program
By Globe Banner | Nov 22, 2024
An International Monetary Fund (IMF) team, led by Ms.
IMF discusses final review of South Sudan's staff-monitored program amid economic challenges
By Globe Banner | Nov 22, 2024
On November 15, 2024, the Executive Board of the International Monetary Fund (IMF) held discussions regarding the third and final review of South Sudan's Staff-Monitored Program with Board Involvement (PMB).
World Bank advises on Vietnam's shift towards electric mobility
By Globe Banner | Nov 22, 2024
Transitioning to electric vehicles (EVs) in Viet Nam requires strategic policy and investment across five key areas, according to a new World Bank report.
Amazon announces pro bono efforts in vacating criminal convictions
By J. D. Suayan | Nov 21, 2024
Amazon has released its 2024 Pro Bono Report, highlighting the company's community impact over the past year and reflecting on a decade of service.
BlackRock funds Learn To Earn Dayton's expansion into eight Ohio school districts
By Globe Banner | Nov 21, 2024
The BlackRock Foundation has announced a $1 million grant to Learn to Earn Dayton, aimed at expanding the Pathways for Accelerated College and Career Experience (PACCE) program.
Facilitator calls for practicality as WTO dispute reform talks reach critical stage
By Globe Banner | Nov 21, 2024
The ongoing discussions on dispute settlement reform at the World Trade Organization (WTO) are intensifying as the year-end deadline approaches.
IMF approves extended credit facility for Sierra Leone amid economic reforms
By Globe Banner | Nov 21, 2024
The International Monetary Fund (IMF) Executive Board has concluded its 2024 Article IV consultation with Sierra Leone and approved a 38-month arrangement under the Extended Credit Facility (ECF).
WTO explores impact of artificial intelligence on global trade
By Globe Banner | Nov 21, 2024
The World Trade Organization (WTO) Secretariat recently hosted its first conference focused on the relationship between artificial intelligence (AI) and global trade.
World Bank study highlights need for targeted support for rural women entrepreneurs
By Globe Banner | Nov 21, 2024
Subitha Banu, known as Bhai Amma, operates a small biryani stall in Erode, Tamil Nadu.
Report outlines strategies for empowering African adolescent girls
By Globe Banner | Nov 21, 2024
Amid increasing calls to invest in human capital and expand job opportunities for Africa's youth, a new report highlights the challenges faced by adolescent girls in the region.
Moldova reaches agreement with IMF on credit facility program reviews
By Globe Banner | Nov 21, 2024
An International Monetary Fund (IMF) team, led by Alina Iancu, has concluded discussions with Moldovan authorities regarding the sixth reviews of Moldova's programs under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF)...
World Bank supports Barbados' hurricane recovery with $54 million project
By Globe Banner | Nov 21, 2024
The World Bank has approved the Beryl Emergency Response and Recovery Project to aid Barbados in recovering from Hurricane Beryl.
Nepal partners with World Bank for $128 million road improvement project
By Globe Banner | Nov 21, 2024
The Government of Nepal and the World Bank have launched a $128 million project aimed at improving Nepal's provincial and local road network.